Cubs to be sold

Scott Olson/Getty Images

Cubs fans walk in front of Wrigley Field, home of the Chicago Cubs, July 6, 2009 in Chicago, Illinois. The Tribune Company, which owns the team and the ballpark has reached a deal, reported to be worth around $900 million, to sell both to the Ricketts family, which built its fortune through TD Ameritrade Holding Corp. The Tribune Company, which is operating under Chapter 11 bankruptcy, will need court approval as well as approval from Major League Baseball for the sale to be completed.

Cubs fans walk in front of Wrigley Field, home of the Chicago Cubs, July 6, 2009 in Chicago, Illinois. The Tribune Company, which owns the team and the ballpark has reached a deal, reported to be worth around $900 million, to sell both to the Ricketts family, which built its fortune through TD Ameritrade Holding Corp. The Tribune Company, which is operating under Chapter 11 bankruptcy, will need court approval as well as approval from Major League Baseball for the sale to be completed. (Scott Olson/Getty Images)

Cubs fans walk in front of Wrigley Field, home of the Chicago Cubs, July 6, 2009 in Chicago, Illinois. The Tribune Company, which owns the team and the ballpark has reached a deal, reported to be worth around $900 million, to sell both to the Ricketts family, which built its fortune through TD Ameritrade Holding Corp. The Tribune Company, which is operating under Chapter 11 bankruptcy, will need court approval as well as approval from Major League Baseball for the sale to be completed.